Randhir Singh – Managing Director and Executive Vice Chairman
Mr. Randhir Singh is the Managing Director designated as Executive Vice Chairman at IndoStar Capital Finance Limited. He is a seasoned financial leader with 29 years of experience in MSME/Corporate/FIG Lending, Structured Finance, Debt Capital Markets, Treasury, Sales and Trading, FX and Interest Rate derivatives, Risk Management and Banking Operations. Randhir started his career with Citibank India in 1995 and worked there till 2007 in various roles. He then worked in Deutsche Bank as Managing Director and India Head of Financing between 2007 to 2016. He Subsequently worked in Edelweiss as CEO of Commercial Lending & Structured Finance from 2016 to 2018. Prior to joining IndoStar Capital Finance Limited, Randhir was Jt. CEO and Co-Founder of APAC Financial Services from 2018 to 2024.
Jayesh Jain – Chief Financial Officer
Mr. Jayesh Jain is the Chief Financial Officer at IndoStar Capital Finance Limited. With over 24 years of experience in the Housing Finance and NBFC sectors, he has held key leadership roles, responsible for financial strategy, business reengineering, cost optimization, IPO initiatives, M&A, debt and equity raising, regulatory compliance, internal audit, financial reporting, taxation, technology integration, and finance transformation. His expertise has been instrumental in driving business growth, operational efficiency, and profitability. Mr. Jain has worked with a wide range of organizations, including fintech companies, affordable and large housing finance firms, diversified NBFC, – GRUH Finance (a subsidiary of HDFC), PNB Housing Finance, Hero FinCorp, and Balance Hero India. Mr. Jain is a Chartered Accountant, held DISA, CISA and CISM certifications, and has attended management courses at Harvard, Wharton, and NUS. Throughout his career, Mr. Jain has received numerous accolades, including the Best CFO in the BFSI Sector at the ET Ascent National Awards 2022.
Nitin Gyanchandani – Chief Risk Officer
Mr. Nitin Gyanchandani is a qualified Chartered Accountant from Institute of Chartered Accountant of India. He has over 18 years of experience in the Banking and Financial Services and has a rich experience in managing Corporate Banking and Credit Underwriting & analysis. He has also handled a wide range of financial products including commercial vehicle loans, construction equipment loan, healthcare and Auto Loans etc. He has played critical strategic roles and worked with cross-functional teams in laying down credit policies, developing new products, managed various Retail asset credit portfolios, managed all India Geographies, and trained underwriting teams. He has worked across Risk Management, Credit Underwriting & Analysis, Healthcare, and Auto. He was previously associated with premier financial organizations in the BFSI space including ICICI Bank Ltd and PricewaterhouseCoopers.
Rashmita Prajapati – Chief Compliance Officer
Mrs. Rashmita Prajapati is the Chief Compliance Officer and has been associated with the Company since August 2023. She is a qualified Company Secretary from Institute of Company Secretaries of India. She holds a Bachelor‘s degree in Commerce and also in Law from the University of Mumbai. She has around 17 years of experience in handling SEBI compliances for Mutual Funds which includes regulatory reporting to the Board of Directors and regulators, interacting with the regulators, handling various product launches and ongoing compliances, listing related requirements (for Mutual Funds), training of employees, handling regulatory inspections and group related compliances. Rashmita Prajapati has previously worked with HDFC Asset Management Company Limited and HDFC Limited.
Shikha Jain – Company Secretary
Ms. Shikha Jain is a Commerce Graduate and a qualified Company Secretary from the Institute of Company Secretaries of India. She has experience in working under secretarial department of Public and Private Limited Companies. She has worked with IIFL Wealth Finance Limited and Anand Rathi Group prior to joining IndoStar Capital Finance Ltd.
Naina Krishna Murthy
Ms. Naina Krishna Murthy is the Chairperson and a Non-Executive Independent Director of IndoStar Capital Finance Limited. She has more than two decades of experience in the legal sector. She is the Founder and Managing Partner of Krishnamurthy & Company. She is also a trusted legal advisor to numerous corporations. Over the years, Ms. Murthy has built a strong reputation in corporate commercial law, specifically in the areas of mergers and acquisitions, joint ventures, collaborations and PE/VC investments. She was recognised by India Business Law Journal as ‘A List’ of India’s top 100 lawyers in 2018, 2017 and 2016. She holds a degree in Law, with a B.A. and LLB (Hons) from National Law School, Bangalore.
Bobby Parikh
Mr. Bobby Parikh is the Non-Executive Non-Independent Director of IndoStar Capital Finance Limited. He has nearly three decades of experience in financial services industry/reorganisations. Mr. Parikh’s area of focus is providing tax and regulatory advice in relation to transactions and other forms of business reorganizations. He has founded Bobby Parikh Associates, a boutique firm focused on providing strategic tax and regulatory advisory services. Mr. Parikh is a qualified Chartered Accountant from the Institute of Chartered Accountants of India and holds a Bachelor of Commerce degree from the University of Mumbai.
Hemant Kaul
Mr. Hemant Kaul is a Non-Executive Independent Director of IndoStar Capital Finance Limited. He has vast experience as an independent management consultant, having worked with private equity firms to evaluate investments in the financial sector. Earlier, Mr. Kaul has also been the MD & CEO of Bajaj Allianz General Insurance Co Ltd. and the Executive Director of Axis Bank. Mr. Kaul holds a Bachelor’s degree in Science and a Master’s degree in Business Administration from Rajasthan University.
Sujatha Mohan
Ms. Sujatha Mohan is a Non-Executive Independent Director of IndoStar Capital Finance Limited. Ms. Sujatha Mohan has over 30 years of experience across the Banking and IT industries. Ms. Mohan, a Wharton Alumnus, is the founder of Pharus Consulting LLP, a firm that supports organizations in the BFSI sector by offering a practitioner’s view of digital, business and execution strategies.
Aditya Joshi
Mr. Aditya Joshi is a Non-Executive Non-Independent Director of IndoStar Capital Finance Limited. He is also a Managing Director in Brookfield’s Private Equity Group, and heads the private equity business for Brookfield in India. Mr. Joshi was responsible for conceptualizing Brookfield’s private equity strategy for India, nurturing and developing a high-quality team, building a robust sourcing engine, and leading deal execution and ongoing portfolio monitoring. Mr. Joshi joined Brookfield in March 2019. Prior to Brookfield, he was a Principal at Apax Partners in India, and led and participated in deals across healthcare, technology services, and financial services. Prior to Apax, he worked at The Blackstone Group in India, where he focused on investment opportunities primarily across technology services and business services. Prior to Blackstone, Mr. Joshi worked at Morgan Stanley in India, where he worked on fund raising and mergers and acquisitions across technology services, business services, telecom, amongst other industries. Mr. Joshi holds a Master of Business Administration degree from The Wharton School, University of Pennsylvania, a bachelor’s degree in accounting and finance from the University of Pune, and is a Chartered Accountant and member of The Institute of Chartered Accountants of India. Mr. Joshi is a member of FICCI’s National Committee on Private Equity for India.
